Insight
Is India the new engine driving the manganese industry?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Growth in China’s steel production will no longer be the main driver of manganese consumption growth. This has stoked discourse questioning whether continued growth in manganese consumption will be championed by a different player. India's booming industrialisation and low per capita steel consumption are among the key factors placing it at centre stage in this debate. This has led some to call it the emerging “new engine” that will drive manganese consumption growth. The International Manganese Institute annual conference in Bangalore last month explored this and other issues. Several themes around India’s manganese production emerged – any one of which could play a critical role in shaping global manganese supply chains.
Table of contents
- Executive summary
- India’s macroeconomic landscape and lofty steel ambitions
- 1. Manganese alloy supply: can India maintain its leading position as an exporter?
- 2. Manganese ore supply: can India’s import reliance be curbed?
- 3. Manganese in Li-ion batteries: mainstay or fad?
- 4. What about India’s decarbonisation commitments?
- 5. So what will drive future manganese demand growth?
Tables and charts
This report includes the following images and tables:
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Indian silicomanganese exports are strongly coupled to prices in external marketsIndia manganese alloy capacity and known projectsIndian domestic ore consumption versus production
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Consumption growth of key cathode metals in Li-ion batteriesConsumption growth of key cathode metals in all applicationsHigh-purity manganese sulphate global supply-demand balance outlookGrowth of manganese consumption from 2022: India steel vs batteries
What's included
This report contains:
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